Polestar Invests In Extreme Fast Charging Battery Company StoreDot

Polestar has invested in extreme fast charging battery technology innovator, StoreDot. StoreDot is pioneering the development of silicon-dominant extreme fast charging batteries for electric vehicles. The Israel-based company aims to produce batteries for EVs capable of charging up to 160 km of range in just five minutes, by 2024.

Polestar CEO, Thomas Ingenlath, said, "Charging and range anxiety are common concerns holding owners of combustion engine cars back from making the switch to EVs. StoreDot's advanced battery technology potentially provides real solutions to these obstacles. If our current pilot projects with StoreDot are successful, we could see these solutions being implemented in Polestar cars by 2026"

The Israel-based company aims to produce batteries for EVs capable of charging up to 160 km of range in just five minutes 

As part of the strategic deal, Polestar is collaborating with StoreDot to explore adapting and applying their technology to proof-of-concept Polestar cars. Test cases already being explored include customising StoreDot's cell technology for Polestar cars, to enable faster charging and improved circularity.